Market Alerts: Cisco (NASDAQ:CSCO), Google (NASDAQ:GOOG), General Growth Properties (OTC:GGP), Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX)
March 09, 2010 at 12:37 PM EST
Cisco ( NASDAQ:CSCO ) hit new 52-week highs as some analysts speculated that the tech giant is rolling out new gear to help wireless phone companies cope with rising video Web traffic. The San Jose, Calif.-based Cisco had sent out invitations to analysts and the media for a "significant announcement" that it says "will forever change the Internet and its impact on consumers, businesses and governments." The invitation followed Google ( NASDAQ:GOOG ) February announcement that the Internet giant was working on building a high-speed broadband network that would be 100 times faster than today’s connections. – MarketWatch …